ES Journal - 2012

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Quote from Doobs789:

Got too aggressive, was targeting a quick test of the 1370 level. Should've known it would churn and burn. Standing on the sidelines until the Fed. But if I had to guess I'd say we go down after the announcement.
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Didn't see info here about where you exited. What was the loss? Also, please indicate stop when posting entry. Thanks:)
 
Quote from trickshot:

60 point swing in 24 hours, this market terrifies me. :p
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lol, kind of reminds me of early 2008, lots of big price swings. institutions / countries on brink of bankruptcy and market defies all odds. this one could get a bit more dicey.
 
Quote from mastacoli71:

lol, kind of reminds me of early 2008, lots of big price swings. institutions / countries on brink of bankruptcy and market defies all odds. this one could get a bit more dicey.
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Yea reminds me of 2008 too, though rates weren't that low back in 2008. With the 10 year at 1.5% there is simply no money to be made in treasuries anymore, I guess thats why the "market is defying all odds" now. :)
 
Quote from trickshot:

Yea reminds me of 2008 too, though rates weren't that low back in 2008. With the 10 year at 1.5% there is simply no money to be made in treasuries anymore, I guess thats why the "market is defying all odds" now. :)
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treasuries can go lower. look at what happened to japan. some thought 2% was line in sand. 1% is in spitting distance.
 
Quote from mastacoli71:

treasuries can go lower. look at what happened to japan. some thought 2% was line in sand. 1% is in spitting distance.
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Could go lower but the R/R isn't good at this point, the easy money has already been made.
 
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